Global RE direct investment to double to $1 tln by 2030

Global direct commercial real estate investment will double to $1 tln (€744 bn) per annum by 2030, Jones Lang LaSalle says in a new report. Investors are responding to shifting economic conditions by funnelling more capital into commercial property, particularly in Asia, the report said. In 2012 global real estate investment volumes totalled nearly $450 bn.
‘Capital growth ambitions that dictated many investment decisions before the financial crisis have given way to a global hunt for secure income streams in a low-interest-rate environment,’ said Colin Dyer, President and CEO of Jones Lang LaSalle………………………………………..Full Article: Source